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The last few days have seen plenty of competing claims about tax rises, but very little discussion of the very tight fiscal situation facing the next government. What problems will they face? Can growth ride to the rescue?
Also in this episode, we explore what's happened to the education system, from funding and teacher pay, to falling pupil numbers and the impact of COVID.
Zooming In: discussion questions
Every week, we share a set of questions designed for A Level economics students to discuss, written by teacher Will Haines.
1. Explain how higher economic growth may help to improve government finances.
2. Pay across the economy has risen by 18% in real terms since 2001 whilst teacher pay has not experienced a real terms increase. Outline the impact of this on a supply and demand diagram for the market for teachers.
3. Discuss the potential impact on income inequality of the finding that 37% of disadvantaged pupils are now recorded as 'persistently absent' from school.
Host
Paul Johnson
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Participants
Carl Emmerson
Carl, a Deputy Director, is an editor of the IFS Green Budget, an expert on the UK pension system and sits on the Social Security Advisory Committee.
Christine Farquharson
Christine's research examines inequalities in children's education and health, especially in the early education and childcare sector.
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